Market View: Fed Powell affirms further interest rate hike, Amazon, Twitter, Uber, Diamond prices, COE prices, Intel sinks 6%, Tesla’s investment in India
What were some of the key takeaways from Fed Powell’s testimony before the US House Financial Services Committee? And why aren’t investors happy with Intel’s new reporting structure which could potentially help control costs at the chipmaker? Dan Koh breaks down the details with Ryan Huang and Sean Cheong.See omnystudio.com/listener for privacy information.
22 Kesä 202323min
Money and Me: How Web 3.0 is revolutionising the concept of ownership in the digital space
The topic of ownership has often been a complicated one, especially during the internet's present phase. But that could soon be a problem of the past because one local company is utilising blockchain and related technologies to unlock, enhance and preserve the value of media and entertainment intellectual property. So today on Money and Me, Dan Koh invites Raymond Chua, CEO, Marvion to find out everything you need to know about the Web 3.0 space, how Hybrid Digital Ownership Token (DOT) is improving the overall crypto ecosystem, and the untapped potential of the Web 2.0 and 3.0 space. See omnystudio.com/listener for privacy information.
21 Kesä 202325min
Market View: FedEx’s earnings disappoint, Alibaba, Spotify, Bitcoin, Nio, Morgan Stanley Wilson warns of head fake, U.S. corporate executives shifts attention to India
What did FedEx’s latest earnings results and forecast suggest about the health of the economy? And while US stocks are rushing back into the bull-market territory, why is Morgan Stanley's top strategist saying that investors may be in for “a rude awakening”? Dan Koh explores these questions and more with Ryan Huang and Sean Cheong. See omnystudio.com/listener for privacy information.
21 Kesä 202323min
Money and Me: What it takes for CPF OA’s interest rate to break above 2.5%
Unlike the CPF Special and MediSave Account, which will see an increase in interest rate to 4.01% per annum in the third quarter of this year, the Ordinary Account will remain unchanged at 2.5%. And that’s sparking debate on the need to further increase interest rates to fight inflation! Joining Dan Koh on Money and Me, is Christopher Tan, CEO, Providend to discuss the significance of the 0.01% increase in interest rates, the odds of the OA rates increasing, and if you should be topping up your CPF accounts or investing your money to beat inflation. See omnystudio.com/listener for privacy information.
20 Kesä 202319min
Market View: US Blinken meets China Xi, Renault, Japan EV Automakers, China cuts 2 benchmark interest rates, Great Eastern Holdings, Warren Buffet doubles down on Japan
Following an earlier meeting with Chinese Foreign Minister Qin Gang on Sunday, U.S. Secretary of State Antony Blinken ended a high-stakes visit to Beijing with an unexpected meeting with Chinese President Xi Jinping yesterday! What went down during the short 35 minute meeting? Dan Koh and Ryan Huang investigate. They also find out why Warren Buffet is doubling down on his investment in Japan.See omnystudio.com/listener for privacy information.
20 Kesä 202318min
Money and Me: The dangers of being ‘Asset Rich, Cash Poor’
How much are you willing to give up to live in a bungalow? For some, it might mean their retirement… Did you know, there is a growing number of distressing predicaments today, faced by retirees who own million-dollar homes, but have insufficient cash savings to meet their living expenses? That’s a term that some of us may describe as ‘asset rich, cash poor’. So today on Money and Me, Dan Koh invites Elijah Lee, Senior Financial Services Manager, Phillip Securities to discuss how you can avoid the trap of being ‘asset rich, cash poor’, and finding the balance between growing our assets in the long run, while ensuring that we have sufficient cash flow in the short run to meet our financial commitments. See omnystudio.com/listener for privacy information.
19 Kesä 202324min
Market View: Hong Kong launches HKD-RMB Dual Counter Model, Twitter, Huawei, Toyota, S-Reits, China’s consumer confidence, Blinken meets Qin, Intel expands in Israel
How is the HKD-RMB Dual Counter Model reviving the longer term prospects of the benchmark Hang Seng Index? Did U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Qin Gang manage to bring back some semblance of normalcy back to a strained relationship during their meeting in Beijing? Dan Koh and Ryan Huang look into these headlines and more. See omnystudio.com/listener for privacy information.
19 Kesä 202320min
Money and Me: Should you jump in on the latest US market bull run?
How did the overall economic outlook change in light of the US Fed’s latest policy decision? What’s fuelling the confidence of the US stock market even in the face of recession warnings or fresh monetary threats from Jerome Powell? Dan Koh invites Cheng Chye Hsern, Head of Investment, Providend to break down the latest market reactions and what investors should make of the recent bull run. They also find out what’s driving interest in Japanese equities of late and how investors here should think about investing in Japan. See omnystudio.com/listener for privacy information.
16 Kesä 202323min
